Critical Metals (NASDAQ:CRML) Stock Price Up 7.3% – Time to Buy?

Critical Metals Corp. (NASDAQ:CRML)’s stock price traded up 7.3% during trading on Wednesday . The stock traded as high as $6.76 and last traded at $6.76. 3,357 shares traded hands during trading, a decline of 89% from the average session volume of 30,103 shares. The stock had previously closed at $6.30.

Critical Metals Price Performance

The business has a 50-day moving average of $7.18 and a 200-day moving average of $9.09.

Institutional Investors Weigh In On Critical Metals

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new stake in shares of Critical Metals during the second quarter worth about $185,000. Rhumbline Advisers acquired a new position in Critical Metals in the 2nd quarter valued at $69,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Critical Metals during the 2nd quarter worth $101,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Critical Metals Company Profile

Sizzle Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Sizzle Acquisition Corp. is based in Washington, the District of Columbia.